Lack Of Corporate Governance Essay

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Chapter 1
INTRODUCTION
Rationale of the Study In the academic world, the interest in corporate governance has been truly interdisciplinary, with much work being undertaken by researchers not only from economics and finance but also from law, management, and accounting (Bebchuk, Weisbach 2009). Due to a lot of scandals internationally and locally the governance of the corporation is important as the government of the countries. The researchers have studied about the real role and significance of the corporate governance in the banking sector. In fact, Kabigting (2011) said that The lack of corporate governance is one of the reasons cited for the global financial crisis of 2008. There are some studies that focused on the issues & prospects …show more content…

Shareholders. They own corporate shares of the entity, which means they are also the people who mange the organization behind. Our study will help them know if there company is well governed since their main concern is to earn higher return of their investments and also how efficient their corporation is when it comes to investments. Board of Directors. Our study will help them to know how effective and accurate in managing their business in consonance with the implementation of corporate governance to attain a very successful and well-maintained organization. Management. It will help them understand the principles of corporate governance that are more significant in relation to the managing of the entity and also it will help them do more specific and helpful activities to attain the goals and objectives of the corporation. University of Mindanao. Our study will help the University to improve its competitiveness and productivity in it’s industry to help bridge the gap between academic research and the highly emerging

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